Entries tagged: Cost Benefit Analysis

TIGER 3 Grant Applications Due Next Month

imagePre-applications for the third round of Transportation Investment Generating Economic Recovery (TIGER) funds are due October 3. These merit-based grants support projects that are is multi-modal, non-traditional, and hard to fund through traditional channels.

The funds, totalling $527 million, will be balanced both geographically and modally, with at least $140 million to be used in rural areas. Among the other requirements:

  • Grants for urban areas must be between $10 million and $200 million and require a 20% match
  • Match requirement can be waived for rural projects
  • Funds cannot be used for planning or NEPA
  • No more than 25% of the funds ($131 million) may be awarded to projects in a single state

Read the recent League blogs for more information on how to win a TIGER 3 grant for bicycle and pedestrian projects and tips on submitting a TIGER 3 benefit-cost analysis.